CDW Corporation (NASDAQ:CDW) is one of the top tech stocks with a strong return on equity. On August 6, the company declared a quarterly dividend of $0.63 a share. The dividend is to be paid on September 10 to shareholders of record as of August 25. The stock’s dividend yield stands at 1.53%.
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The quarterly dividend comes on CDW Corporation, delivering impressive second-quarter 2025 results, whereby sales totaled $5.98 billion, representing a 10.2% year-over-year increase. Non-GAAP net income per diluted share increased 3.9% year over year to $2.60 from $2.50 a share a year ago.
“We continue to optimize cash flow generation through effective management of our working capital, enabling flexibility across our capital priorities – as shown by our commitment to returning cash to shareholders,” said Albert J. Miralles, chief financial officer, CDW.
CDW Corporation is a leading provider of information technology (IT) solutions to businesses, governments, educational institutions, and healthcare organizations. It offers a wide range of products and services, including hardware, software, and IT solutions. It helps customers navigate the complexities of the IT market and maximize their technology investments.
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This article is originally published at Insider Monkey.